Review and compare among 251 land loan lenders operating in Huntley, IL.
The average cost for an acre in IL is $50,312. For undeveloped land, the Loan-to-Value (LTV) is between 17.71% and 65.60%, while the estimated LTV for developed land in IL ranges from 37.16% to 76.29%.
The actual value and loan LTV for any land rely on factors such as its location, size, topography, zoning, and any established entitlements.
Find out your options for land loans and the current land loan rates by contacting the best land loan provider in Huntley, IL.
Examine loan offers from one hundred lenders
To ensure that all your hard money lending needs are addressed, Lendersa® AI technology instantly matches your loan application with numerous direct hard money lenders. Discover the most competitive land loan rates today to finance any kind of vacant land or land-plus-construction ventures in IL.
Reduce unnecessary inquiries to maintain your credit score. You can achieve pre-approval for your land loan without requiring your social security number or any sensitive financial data.
In the lending landscape of vacant land, construction and blanket loans are vital; by pledging additional property as collateral, you might qualify for full 100% Loan-to-Value (LTV) financing via a blanket loan.
Finding a private investor through a local hard money broker significantly boosts your chances of securing a loan. Land loans in Huntley, IL are best arranged by local lenders who understand the community. A shorter distance between the hard money investor and the property can greatly improve loan approval odds and speed up the funding process.
Utilize the Lendersa® land loan calculator to locate vacant land loan lenders in ZIP codes 60142.
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NMLS 1795154
